Zacks Rating on RLJ Lodging Trust (RLJ)

RLJ Lodging Trust (RLJ) : 9 analysts are covering RLJ Lodging Trust (RLJ) and their average rating on the stock is 3.44, which is read as a Hold. RLJ Lodging Trust (RLJ) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

RLJ Lodging Trust (RLJ) : The highest level RLJ Lodging Trust (RLJ) is projected to reach is $29 for the short term and the lowest estimate is at $14. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $22.5 and the possibility the share price can swing is $5.01.


RLJ Lodging Trust has lost 0.55% in the last five trading days and dropped 4.11% in the last 4 weeks. RLJ Lodging Trust is up 22.97% in the last 3-month period. Year-to-Date the stock performance stands at 11.33%. RLJ Lodging Trust (NYSE:RLJ): On Tuesdays trading session , Opening price of the stock was $23.86 with an intraday high of $23.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.28. However, the stock managed to close at $23.33, a loss of 1.39% for the day. On the previous day, the stock had closed at $23.66. The total traded volume of the day was 1,596,488 shares.

RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust (REIT). The Company is engaged in acquiring full-service hotels. As of December 31, 2014, the Company through its wholly owned subsidiaries, owned 146 properties, which consisted of 144 hotels with approximately 22,900 rooms and two planned hotel conversions, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. The Companys hotels are located in the New York, New York; Chicago, Illinois; Austin, Texas; Denver-Boulder, Colorado; Houston, Texas, and the Baltimore, Maryland-Washington, D.C. metropolitan areas. It operates its hotels under various brands, with nearly 97% of hotels operating under existing relationships with Marriott, Hilton or Hyatt. The Companys subsidiaries include RLJ LODGING TRUST L.P., RLJ LODGING TRUST LIMITED PARTNER LLC, RLJ LODGING ACQUISITIONS LLC and RLJ LODGING TRUST MASTER TRS INC., among others.

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